1495 Grass Valley Hwy Auburn, CA 95603
- Land
- 3.71 lot acres
Current Use by Public Records
- Land
Property Details for 1495 Grass Valley Hwy
- Lot size
- 3.71 lot acres
- Property type
- Land
Description
This exceptional 3.71-acre commercial land parcel presents a unique investment opportunity in Auburn, California. Located at 1495 Grass Valley Highway, this property boasts over 700 feet of road frontage and is zoned C-2, allowing for a wide range of commercial uses. The asking price is $2,908,000, translating to $18 per square foot. Utilities are conveniently located on-site. The property has never before been offered for sale, presenting a rare chance to acquire a significant piece of commercial real estate in a high-traffic area. With an average daily traffic count exceeding 38,000 vehicles and prominent monument signage potential, this location offers unparalleled visibility and accessibility. A current tenant occupies approximately half the land, providing immediate income potential for a buyer who chooses to maintain the existing lease. Alternatively, the entire 3.71 acres can be developed to suit a buyer's specific needs. Permitted uses, subject to Placer County planning approval, include but are not limited to self-storage facilities, rental yards, and car sales lots. The APN is 038-103-003. This is a remarkable opportunity to acquire a substantial commercial property with significant development potential in a thriving Placer County location. Don't miss this chance to secure a prime piece of Auburn real estate.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Auburn
- County
- Placer
- State
- California
- Longitude
- -121.084
- Latitude
- 38.9241
